Mayank Ashar, Managing Director and Chief Executive Officer, Cairn India

What are Cairn India’s major projects?

Cairn India is one of the largest oil and gas exploration and production (E&P) companies in India, contributing approximately 27% of India’s domestic crude oil production. With our affiliates, we have been operating for more than 2 decades, playing an active role in developing India’s oil and gas resources.

Our discovery of the Mangala field, the largest onshore crude oil discovery in India in more than 2 decades, opened up the prolific Rajasthan block. Since the resumption of exploration in 2013, Cairn India has made more than 12 discoveries. The total discoveries in Rajasthan alone are 37.

The Rajasthan block is situated in the Barmer basin. The block contributed about 23% of India’s domestic crude oil production in FY 2015 [from April 2014 to March 2015]. To maximize the potential of the block and enhance ultimate recovery, Cairn India has initiated one of the world’s largest polymer flood EOR [enhanced oil recovery] programs in the Mangala field, which is the largest discovery made in the block to date.

The polymer injection has started and is expected to lead to an increase in production from the field in FY 2016. There are plans to implement similar floods in the other two major fields, Bhagyam and Aishwariya. Apart from its oil reserves, there is a significant gas resource potential in our Rajasthan block.

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Mayank Ashar, Managing Director and Chief Executive Officer, Cairn India

Abdelghani Henni, JPT Middle East Editor

01 July 2015

Volume: 67 | Issue: 7

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